Author Question: Which of the following would increase GNP in the United States? A) an increase in the production ... (Read 95 times)

Alainaaa8 · **on:** Jun 29, 2018

Which of the following would increase GNP in the United States?

A) an increase in the production of Japanese-owned Toyota cars in the U.S.
B) an increase in the production of Japanese-owned Toyota cars in Mexico
C) an increase in the production of Mexican-owned Grupo Minsa corn in the U.S.
D) an increase in the production of U.S.-owned General Motors cars made in Mexico

Question 2

A decrease in aggregate demand will

A) cause the short-run Phillips curve to shift to the right.
B) decrease unemployment.
C) move the economy to a lower point on the short-run Phillips curve.
D) cause inflation.